BE11-10 Halloway Company has issued three different bonds during 2008. Interest is payable

Price: $1.99

BE11-10 Halloway Company has issued three different bonds during 2008. Interest is payable

semiannually on each of these bonds.

1. On January 1, 2008, 1,000, 8%, 5-year, $1,000 bonds dated January 1, 2008, were issued at face

value.

2. On July 1, $800,000, 9%, 5-year bonds dated July 1, 2008, were issued at 102.

3. On September 1, $200,000, 7%, 5-year bonds dated September 1, 2008, were issued at 98.

Prepare the journal entry to record each bond transaction at the date of issuance.